Harvard Business Review

OCTOBER 6, 2014

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. This isn’t a retread of scientific management , nor is it an updated take on scenario planning.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Harvard Business Review

NOVEMBER 1, 2011

To minimize their negative impact, there are two steps that managers can take: Plan ahead (as much as you can). One way to reinforce this assumption is to engage in scenario planning before pulling the trigger, preferably by engaging people who will be affected by the change. Test the waters.

Airlines 11

Airlines Supply Chain Scenario Planning Travel 11

Harvard Business Review

MAY 29, 2017

These can be laid out in scenario plans with specific mitigation actions assigned to help businesses react quickly if necessary. Second, firms should strengthen their government affairs teams to stay ahead of any regulatory changes. Then, firms need to think through the types of political and macroeconomic events (e.g.

Policies 8

Policies Supply Chain Politics Operations 8

Harvard Business Review

AUGUST 13, 2012

In the run-up to the London 2012 Olympics, for example, the global financial crisis caused private developers for the Olympic Village project to withdraw, requiring a refinancing package backed by government. Ensuring readiness for Games-time (in Olympic-speak) now involves strategic pre-emption through stress-testing and scenario planning.

Risk Management 14

Risk Management Management Committee Insurance 14

Harvard Business Review

SEPTEMBER 5, 2013

Scenario planning is as essential for strategy formulation as it is for the design of next generation technologies and industries. Thinking in terms of scenarios forces people to rigorously examine fundamental assumptions and unexpected risks. Luck matters but so do the data-driven odds.

Class 9

Class Education Supply Chain Sports 9

Harvard Business Review

MAY 2, 2016

It’s essential to step back and ask not only whether the team has identified the right plans or solutions but whether they have identified the right questions and problems in the first place. Google’s Chade-Meng Tan , has developed dozens of such workplace meditation modules that could fit neatly into planning retreats.

Strategy 8

Strategy Goleman Strategic Planning Parcell 8

Strategy Driven

OCTOBER 25, 2013

Business development. The process of strategy development is not esoteric. Next comes Crisis Planning. What-if scenario planning is similar to the processes utilized in overall company strategic planning and visioning. The crisis plan must be part of the bigger process, not an adjunct or afterthought.

Crisis Management 77

Crisis Management Crisis Risk Management Budgeting 77

Harvard Business Review

JANUARY 23, 2015

A way around this fallacy, we’ve found, is a speed-dating version of scenario planning, one that takes hours rather than months. For example, the group defined the education driver as “the degree to which US elementary through higher education has developed curricula to produce science and technical talent.”

Kahneman 8

Kahneman Scenario Planning Pharmaceuticals Workshop 8

Harvard Business Review

OCTOBER 31, 2016

Originating from agile software development, the sprint has entered the business mainstream as an increasingly popular means to accelerate business model, product, or service innovation. But the sprint format isn’t just for development and design anymore. You and Your Team Series. Thinking Strategically.

Agility 8

Agility Strategy Short-term Long-term 8

Harvard Business Review

MAY 15, 2018

Create a strategic Brexit team. Once a company understands the broad exposure of Brexit on the business, it needs to form a team responsible for its strategic plan. Individuals on this cross-functional team should work together to thoroughly analyze Brexit’s possible impact on the business.

Planning 8

Planning Supply Chain Strategic Planning Workshop 8

Strategy Driven

JANUARY 8, 2019

It’s about coming up with possible scenarios for the future given these developments. Futurists use tools that systematize these recommendations including scenario planning, environmental scanning, Delphi surveying, and individual software programs like Fibres, Futures Platform, and Athena.

Flextime 74

Flextime How To Scenario Planning Consultative 74

Harvard Business Review

JUNE 7, 2017

Similarly, directors of power companies need to understand how advances in energy storage and information technology will accelerate development of micro-grids and the decentralization of the electric grid.

Tips 8

Tips Supply Chain Proposal Decentralization 8

Harvard Business Review

JUNE 20, 2017

While consumer spending has proven resilient, with same-store retail sales rising 6% YOY in April , most multinational corporations are developing contingency plans to mitigate risks to their businesses and reassessing the country’s role in their global market portfolio and supply chains. Renegotiating NAFTA.

Supply Chain 8

Supply Chain Depreciation Uncertainty Marketing 8